For Sale

Photo of 221 W Johnson Highway, Norristown PA
221 W Johnson Highway
Norristown
Norristown, PA 19401
Bedrooms
6
Full Baths
3
Partial Baths
1
Acres
0.09
Interior Sq Ft
2,402
Age
81
Heating
Natural Gas
Fireplaces
1
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Basement
Full
Taxes (2020)
5,228
Additional Details Below

Description

Attention all investors!: Fully occupied duplex with basement suite. Potential for a cap rate of 8.5 - 9+%. Property was renovated in 2013. Tenants in front unit and back unit have laundry in unit. Finished basement is a great efficiency in-law suite. Located on the boarder of Norristown, close to public transportation, major traffic routes, parks and shopping. Tenant parking allows for one vehicle each, in the driveway. A fenced in community backyard is shared. Property being sold As-Is. Any repairs needed for U&O or inspection will be passed on to the buyer.

Location

Driving Directions

From Germantown Pike, proceed south on route 202/DeKalb Pike. Turn right onto Johnson Hwy (business route 202S). Destination will be 0.3 miles on the right side, after the traffic light.

Details

Style
Traditional
Exterior
Aluminum Siding, Stucco
Roof
Flat, Wood Shingle
Basement
Full Basement, Fully Finished
Air Conditioning
Window Unit(s), Ceiling Fan(s)
Heating
Wood, Radiator
Hot Water
Natural Gas, Electric
Assessment : 114,200
Zoning Designation R
Lattitude : 40.132263
Longitude : -75.328537
EveryHome Number : PAMC680326-10226
Listing Courtesy: JG Real Estate LLC

Notes

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